Payment : Amounts


 

Payment – Amounts:

  • Instructed Amount: Amount of money to be moved between the debit party and credit party, before deduction of charges, expressed in the currency as ordered by the initiating party (equivalent of the SWIFT-MT101’s field 32B, if no equivalent amount used).
  • Equivalent Amount: Amount of money to be moved between the debit party and credit party, expressed in the currency of the debit party’s account, and the currency in which the amount is to be moved.
  • Settlement Amount: Total amount of money settled between a party and the OPF Bank:
    • Incoming settlement amount: settlement amount settled at the incoming side.
    • Outgoing settlement amount: settlement amount settled at the outgoing side.


 



 





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